Market Overview:
The global bag clips market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for food and beverages, increasing disposable income, and growing awareness about hygiene. In terms of type, the wood material segment is expected to lead the global bag clips market during the forecast period owing to its properties such as durability and resistance against moisture. In terms of application, food and beverages segment is expected to lead the global bag clips market during the forecast period owing to its properties such as high tensile strength and resistance against corrosion.
Product Definition:
Bag clips are small, spring-loaded clips made of metal or plastic that attach to the handles of paper bags. They are used to keep the bag closed and sealed, preventing food or other items from falling out. Bag clips can also be used to clip two bags together, creating a makeshift shopping cart.
Wood Material:
Wood material is a raw or unprocessed form of timber or wood. It includes natural as well as artificial products like plywood, particle board, and oriented strand boards among others. Wood material is used in various end-use industries including construction, furniture & flooring among others.
Metal Material:
Metal Material is used in Bag Clips market for manufacturing various types of clips which are widely used by the manufacturers and retailers to fasten the bags. The metal material clips are available in different shapes, sizes, and designs according to the requirements. Some of them include standard clip, long clip, double-sided clip, single-sided clip; these clips find their application in packaging products such as plastic bottles or glass bottles or cans etc.
Application Insights:
The food and beverage application segment led the global bag clips market in 2017. The segment is projected to expand at a CAGR of XX% over the forecast period owing to rising demand for packaged foods, including ready-to-eat meals, snacks, frozen meals and other products. In addition, increasing consumption of alcoholic and non-alcoholic beverages is expected to propel growth over the coming years.
The textile industry also accounted for a significant share in 2017 due to high demand for fabrics from major textile producing countries such as China India Bangladesh etcetera).
Regional Analysis:
North America dominated the global bag clips market in 2017 owing to high demand for food and beverages, pharmaceuticals, textiles, and other applications. The U.S., in particular, is one of the largest markets for these products as consumers use them on a daily basis. Moreover, technological advancements coupled with increased consumer awareness regarding health are expected to drive product demand over the forecast period.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 due to rapid industrialization along with increasing population in countries such as China and India that leads towards an increase in manufacturing activities within this region which results into high product consumption globally. Furthermore, rising disposable income levels will also contribute towards industry growth over the coming years till 2030 AD (Approx.).
Growth Factors:
- Increasing demand for bag clips from the food and beverage industry as a result of the growing trend of convenience foods.
- The increasing popularity of bag clips as promotional items due to their low cost and high perceived value.
- The increasing use of bag clips in households to keep food fresh for longer periods of time.
- The growing demand for reusable bags, which often require the use of a bag clip to keep them closed tightly.
- Innovation in design and functionality, which has made bag clips more versatile and useful than ever before
Scope Of The Report
Report Attributes
Report Details
Report Title
Bag Clips Market Research Report
By Type
Wood Material, Metal Material, Plastic Material
By Application
Food and Beverages, Electric and Electronics, Pharmaceutical, Textile, Others
By Companies
Kwik Lok, Shenzhen Hoersun Plastic and Molding Factory, Klippit, Polybags Limited, Harrod Horticultural, The Gripstic
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
238
Number of Tables & Figures
167
Customization Available
Yes, the report can be customized as per your need.
Global Bag Clips Market Report Segments:
The global Bag Clips market is segmented on the basis of:
Types
Wood Material, Metal Material, Plastic Material
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food and Beverages, Electric and Electronics, Pharmaceutical, Textile, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kwik Lok
- Shenzhen Hoersun Plastic and Molding Factory
- Klippit
- Polybags Limited
- Harrod Horticultural
- The Gripstic
Highlights of The Bag Clips Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wood Material
- Metal Material
- Plastic Material
- By Application:
- Food and Beverages
- Electric and Electronics
- Pharmaceutical
- Textile
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Bag Clips Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Bag clips are a type of fastener that attaches a bag to a strap or handle. They are typically made from metal, plastic, or silicone and come in different sizes and shapes to fit various bags.
Some of the major players in the bag clips market are Kwik Lok, Shenzhen Hoersun Plastic and Molding Factory, Klippit, Polybags Limited, Harrod Horticultural, The Gripstic.
The bag clips market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Bag Clips Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Bag Clips Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Bag Clips Market - Supply Chain
4.5. Global Bag Clips Market Forecast
4.5.1. Bag Clips Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Bag Clips Market Size (000 Units) and Y-o-Y Growth
4.5.3. Bag Clips Market Absolute $ Opportunity
5. Global Bag Clips Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Bag Clips Market Size and Volume Forecast by Type
5.3.1. Wood Material
5.3.2. Metal Material
5.3.3. Plastic Material
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Bag Clips Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Bag Clips Market Size and Volume Forecast by Application
6.3.1. Food and Beverages
6.3.2. Electric and Electronics
6.3.3. Pharmaceutical
6.3.4. Textile
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Bag Clips Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Bag Clips Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Bag Clips Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Bag Clips Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Bag Clips Demand Share Forecast, 2019-2026
9. North America Bag Clips Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Bag Clips Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Bag Clips Market Size and Volume Forecast by Application
9.4.1. Food and Beverages
9.4.2. Electric and Electronics
9.4.3. Pharmaceutical
9.4.4. Textile
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Bag Clips Market Size and Volume Forecast by Type
9.7.1. Wood Material
9.7.2. Metal Material
9.7.3. Plastic Material
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Bag Clips Demand Share Forecast, 2019-2026
10. Latin America Bag Clips Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Bag Clips Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Bag Clips Market Size and Volume Forecast by Application
10.4.1. Food and Beverages
10.4.2. Electric and Electronics
10.4.3. Pharmaceutical
10.4.4. Textile
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Bag Clips Market Size and Volume Forecast by Type
10.7.1. Wood Material
10.7.2. Metal Material
10.7.3. Plastic Material
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Bag Clips Demand Share Forecast, 2019-2026
11. Europe Bag Clips Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Bag Clips Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Bag Clips Market Size and Volume Forecast by Application
11.4.1. Food and Beverages
11.4.2. Electric and Electronics
11.4.3. Pharmaceutical
11.4.4. Textile
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Bag Clips Market Size and Volume Forecast by Type
11.7.1. Wood Material
11.7.2. Metal Material
11.7.3. Plastic Material
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Atractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Bag Clips Demand Share, 2019-2026
12. Asia Pacific Bag Clips Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Bag Clips Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Bag Clips Market Size and Volume Forecast by Application
12.4.1. Food and Beverages
12.4.2. Electric and Electronics
12.4.3. Pharmaceutical
12.4.4. Textile
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Bag Clips Market Size and Volume Forecast by Type
12.7.1. Wood Material
12.7.2. Metal Material
12.7.3. Plastic Material
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Bag Clips Demand Share, 2019-2026
13. Middle East & Africa Bag Clips Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Bag Clips Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Bag Clips Market Size and Volume Forecast by Application
13.4.1. Food and Beverages
13.4.2. Electric and Electronics
13.4.3. Pharmaceutical
13.4.4. Textile
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Bag Clips Market Size and Volume Forecast by Type
13.7.1. Wood Material
13.7.2. Metal Material
13.7.3. Plastic Material
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Bag Clips Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Bag Clips Market: Market Share Analysis
14.2. Bag Clips Distributors and Customers
14.3. Bag Clips Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kwik Lok
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Shenzhen Hoersun Plastic and Molding Factory
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Klippit
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Polybags Limited
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Harrod Horticultural
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. The Gripstic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook